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ccssterling
Life Insurance Type
Whole Life Insurance
Whole life insurance is a type of permanent life insurance that provides coverage for your entire life, offering a guaranteed death benefit and a cash value component that can grow over time.
Common Uses:
(paid to policy holder beneficiaries after passes way)
that can be access while policy holder still alive
Key Features
Policy holder covered for your whole life—no expiration.
Builds a tax-deferred savings fund.
Payments stay the same for life.
Can borrow against the policy’s cash value.
Things to Consider
than term insurance—often 5 to 10 times higher.
(in early years).
More moving parts than term insurance.
it reduces the death benefit.
At CCS Sterling LLC, we are dedicated to empowering individuals and businesses to achieve financial success with trust, innovation, and unwavering support.read more
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